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Vietnam: Interim Measures During Foreign Arbitral Proceeding

1.With the increasing number of cross-border transactions involving Vietnam, the popularity of foreign arbitration has grown. In 2021, the number of disputes between Vietnamese and foreign parties submitted to the Singapore International Arbitration Center (SIAC) and the Vietnam International Arbitration Center (VIAC) were 55 and 49, respectively. A foreign party to a cross-border transaction tends to choose foreign arbitration to settle any arising dispute, which has shown to be more advantageous than courts or domestic arbitration in some respects, namely in terms of neutrality, procedural flexibility, and temporal efficiency. Moreover, the ability to select professional arbitrators with profound expertise and experience in the field of dispute influences this choice as well. The question is…To read the article, please see the PDF file

Asia Newsletter (March 23, 2023) Download PDF [182 KB]

Authors

今泉 勇

Isamu IMAIZUMI

  • Partner
  • Tokyo Hanoi / Ho Chi Minh City

Clients value Isamu’s unique insight into the challenges and uncertainties that they face in a dynamic, growing region. In addition to his experience in Vietnam, he has practiced in Tokyo and various other Asian locations, including a secondment to an Indian law firm. He is known for leveraging his international experience and cultural insights into the local legal and commercial practices to resolve complex, cross-border legal issues in a timely manner, working closely with local counsel. He advises on investments at all stages, from inception to post-closing operations, as well as dispute resolution.

ヴ・レ・バン

VU Le Bang

  • Partner
  • Hanoi / Ho Chi Minh City

Bang is a partner with more than 20 years of legal professional experience. He joined  the Ho Chi Minh City Office in 2010, as the first Vietnamese lawyer to join Nishimura & Asahi,offering his experience in a variety of matters, including a diverse selection of notable, complex projects and disputes. Bang specializes in dispute resolution, inbound investments, corporate & commercial matters, M&A, banking, real estate property & construction, and labor. He also has significant experience in providing advice regarding international trade, unfair competition, securities, capital market transactions, project financing transactions, infrastructure projects, and energy projects. Prior to joining the firm, Bang gained advisory experience in both law firm environments and  multinational corporations. He has been a regular contributor to numerous law-related magazines, and has actively participated in the training of law students and legal practitioners, having been a part-time lecturer in Vietnam since 2009. Additionally, Bang is invited as recurring speaker at the seminars and events organized by reputable legal profession related institutions and organizations.

Bang is a 2001 graduate of Hanoi University of Law , and received an LL.M. in international law from the Transnational Law & Business University in Seoul, Korea in 2006, supplementing with an additional LL.M. in U.S. law from Antonin Scalia Law School George Mason University in Virginia in 2024. He is also pursuing a Ph.D. in international law at Charisma University School of Law and a Ph.D. in criminal justice at Liberty University - Helms School of Government in the U.S. 

Chambers and Partners has recognized Bang as a leading lawyer  in M&A and Real Estate. He is a listed arbitrator of several institutions including the Vietnam Lawyers' Commercial Arbitration Center, and a member of the Ho Chi Minh Bar and the Vietnam Bar Federation. He is fluent in both English and Vietnamese.

グエン・バン・チャン

NGUYEN Van Trang

  • Counsel
  • Hanoi / Ho Chi Minh City

Trang has extensive expertise in compliance-related matters and frequently advises multinational financial institutions on the development of internal control systems and policies. She is also known for her proficiency in regard to cross-border finance and securitization. She has advised on major infrastructure projects, including concession-based public-private partnership projects. She actively engages in diversity and inclusion activities and is a vising lecturer at a prestigious law school.